Del City, OK—73115
Real Estate Data & Market Trends
Key Metrics at a Glance
Other Zip Codes in Del City, OK
Home Price Trends — Del City, OK
As of Oct '25, the median home price in Del City, OK is $136,000, with a year-over-year change of 0.9%. This indicates that home prices in Del City, OK are flat. According to Zillow, the 1-year price projection is 1.5%, suggesting an increase housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $136,000 | 0.9% |
| Single Family | $136,000 | 1.5% |
| Condos | N/A | N/A |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | $104,000 | -2.8% |
3 Bed | $141,000 | 1.4% |
4 Bed | $175,000 | 1.7% |
| 5 Bed | N/A | N/A |
% of Housing Stock
Rental Trends — Del City, OK
As of July '25, Rentcast reports the average rent in Del City, OK is $1,110, with a year-over-year rent change of 1.8%. Per bedroom, the median rent as of July '25 in Del City, OK is studios: $1,020, 1-bedrooms: $834, 2-bedrooms: $1,010, 3-bedrooms: $1,180, 4-bedrooms: $1,420. The most common rental property sizes in Del City, OK are 3-bedroom and 2-bedroom, accounting for 50.8% and 23.1% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $1,050 | $1,110 |
| Studio Rent | $1,020 | $1,020 |
| 1 Bed Rent | $850 | $834 |
| 2 Bed Rent | $975 | $1,010 |
| 3 Bed Rent | $1,150 | $1,180 |
| 4 Bed Rent | $1,420 | $1,420 |
% of Rental Stock
Property Listings — Del City, OK
As of Oct '25, Realtor.com reports that the median days on market for a home in Del City, OK is 41. This is a increase of 29.0% from last year, suggesting that homes are sitting on the market longer than last year. The percentage of listed homes with a reduced price is 23.0%, representing a small inventory and little supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $159,000 | -3.0% |
Listing Count | 113 | 20.0% |
| Listings as % of Homes | 0.6% | 20.0% |
Days on Market | 41 | 29.0% |
Demographics — Del City, OK
As of the latest ACS Survey released in 2023, Del City, OK has a population of 20,400, which has decreased by -3.0% over the past 5 years. Del City, OK is a popular place for families, as children make up 25.8% of the population. The area has a poorly educated workforce, with 15.5% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 7.8% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 20,400 | -3.0% |
% Under 18 | 25.8% | 2.8% |
% Seniors | 16.1% | 5.9% |
% WFH | 7.8% | 90.2% |
% w/ College Degree | 15.5% | 17.4% |
As of the latest ACS Survey released in 2023, Del City, OK is a predominantly white area, with 50.4% of the population identifying as white. The white population has shrunk by 17.1% in the last 5 years. The second most common race or ethnicity in Del City, OK is black, making up 20.9% of the population. Foreign-born residents account for 4.1% of the population in Del City, OK, and this percentage has increased by 28.1% as of the ACS Survey 5 years prior, suggesting more immigrants are calling the area home.
Race and Ethnicity
| Metric | Latest Census | 5-Year % Change |
|---|---|---|
% White | 50.4% | -17.1% |
% Black | 20.9% | -12.2% |
% Hispanic | 14.8% | 92.2% |
% Asian | 1.1% | -15.4% |
% Foreign Born | 4.1% | 28.1% |
Mortgage and Risk — Del City, OK
According to HUD data as of 2023, there were 350 mortgage originations in Del City, OK, of which 56.0% of loans were conventional mortgages. The average loan-to-value was 79.0%, with 50.0% above 90% LTV (very high). This implies large mortgage risk in Del City, OK. Investor activity is low, as 14.0% of loans were by investors. 11.0% of loans were cash-out refinances, suggesting many homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 350 |
% Conventional Loans | 56.0% |
% Government Loans | 44.0% |
% Investor Loans | 14.0% |
% Second Loans | 1.0% |
% Cash Out Refinance | 11.0% |
Loan Activity
Rentals and Section 8 — Del City, OK
As of 2024, the percent of homes in Del City, OK under the Section 8 program is 14.6%. This is considered low, suggesting that the neighborhood is sparsely composed of Section 8 homes. Section 8 opportunity is good when HUD pays more than market rent. 2-bedroom and 3-bedroom and 4-bedroom units appear to be good home sizes to consider for Section 8 housing in Del City, OK, because HUD payments exceed market rent, while 1-bedroom units do not.
Section 8 Market Size
Total Units under HUD | 656 |
Total Units Section 8 | 557 |
% Rentals under Section 8 | 14.6% |
% Occupied Section 8 | 93.4% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | -$10 | $850 | $840 |
| 2 Bedroom | $55 | $975 | $1,030 |
| 3 Bedroom | $220 | $1,150 | $1,370 |
| 4 Bedroom | $80 | $1,420 | $1,500 |
Affordability — Del City, OK
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 2.7 |
| Median Home Price | $136,000 |
| Median Household Income | $48,600 |